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20 ELLIOTT Street, Cambridge, Ontario, N1R 2J2

MLS® # 40807254
Investment For Sale In Glenview, Cambridge, Ontario
$1,299,000
20 Elliott Street, Cambridge, ON - Outdoor With Facade
20 Elliott Street, Cambridge, ON - Outdoor With Facade
20 Elliott Street, Cambridge, ON - Outdoor
20 Elliott Street, Cambridge, ON - Outdoor
20 Elliott Street, Cambridge, ON - Outdoor
20 Elliott Street, Cambridge, ON - Outdoor With View
20 Elliott Street, Cambridge, ON - Outdoor
20 Elliott Street, Cambridge, ON - Outdoor With Facade
20 Elliott Street, Cambridge, ON - Outdoor
20 Elliott Street, Cambridge, ON - Outdoor
20 Elliott Street, Cambridge, ON - Outdoor
20 Elliott Street, Cambridge, ON - Other
20 Elliott Street, Cambridge, ON - Indoor Photo Showing Other Room
20 Elliott Street, Cambridge, ON - Indoor Photo Showing Other Room
20 Elliott Street, Cambridge, ON - Indoor Photo Showing Other Room
20 Elliott Street, Cambridge, ON - Indoor
20 Elliott Street, Cambridge, ON - Indoor
20 Elliott Street, Cambridge, ON - Indoor Photo Showing Other Room
20 Elliott Street, Cambridge, ON - Indoor Photo Showing Other Room
20 Elliott Street, Cambridge, ON - Indoor
20 Elliott Street, Cambridge, ON - Indoor Photo Showing Other Room
20 Elliott Street, Cambridge, ON - Indoor
20 Elliott Street, Cambridge, ON - Indoor
20 Elliott Street, Cambridge, ON - Indoor Photo Showing Bedroom
20 Elliott Street, Cambridge, ON - Indoor Photo Showing Bedroom
20 Elliott Street, Cambridge, ON - Indoor Photo Showing Bedroom
20 Elliott Street, Cambridge, ON - Indoor Photo Showing Bathroom
20 Elliott Street, Cambridge, ON - Indoor Photo Showing Bathroom
20 Elliott Street, Cambridge, ON - Indoor Photo Showing Other Room
20 Elliott Street, Cambridge, ON  - Outdoor With Facade
20 Elliott Street, Cambridge, ON  - Outdoor With Facade
20 Elliott Street, Cambridge, ON  - Outdoor
20 Elliott Street, Cambridge, ON  - Outdoor
20 Elliott Street, Cambridge, ON - Outdoor
20 Elliott Street, Cambridge, ON - Outdoor With View
20 Elliott Street, Cambridge, ON - Outdoor
20 Elliott Street, Cambridge, ON - Outdoor With Facade
20 Elliott Street, Cambridge, ON - Outdoor
20 Elliott Street, Cambridge, ON - Outdoor
20 Elliott Street, Cambridge, ON - Outdoor
20 Elliott Street, Cambridge, ON - Other
20 Elliott Street, Cambridge, ON - Indoor Photo Showing Other Room
20 Elliott Street, Cambridge, ON - Indoor Photo Showing Other Room
20 Elliott Street, Cambridge, ON - Indoor Photo Showing Other Room
20 Elliott Street, Cambridge, ON - Indoor
20 Elliott Street, Cambridge, ON - Indoor
20 Elliott Street, Cambridge, ON - Indoor Photo Showing Other Room
20 Elliott Street, Cambridge, ON - Indoor Photo Showing Other Room
20 Elliott Street, Cambridge, ON - Indoor
20 Elliott Street, Cambridge, ON - Indoor Photo Showing Other Room
20 Elliott Street, Cambridge, ON - Indoor
20 Elliott Street, Cambridge, ON - Indoor
20 Elliott Street, Cambridge, ON - Indoor Photo Showing Bedroom
20 Elliott Street, Cambridge, ON - Indoor Photo Showing Bedroom
20 Elliott Street, Cambridge, ON - Indoor Photo Showing Bedroom
20 Elliott Street, Cambridge, ON - Indoor Photo Showing Bathroom
20 Elliott Street, Cambridge, ON - Indoor Photo Showing Bathroom
20 Elliott Street, Cambridge, ON - Indoor Photo Showing Other Room
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20 ELLIOTT Street, Cambridge, Ontario, N1R 2J2
$1,299,000

Property Information:

Income-Producing Asset + Large-Scale Redevelopment Upside – Downtown Galt Welcome to 20 Elliott Street — a rare 0.73 (+/-) acre urban core holding overlooking historic Downtown Galt and the Grand River. Originally built in 1901 as The Hilltop Manor, this former nursing home now operates as 20+ individual residential rooms, delivering immediate income with substantial upside. This large-format character building offers multiple high-value strategies: continue strong rooming income, reconfigure to bachelor, one- or two-bedroom units, student housing, or potential condo conversion — all within walking distance to the University of Waterloo School of Architecture. This one of a kind site with ~271 feet of frontage and full municipal services is a standout — a scale and setting rarely available in Cambridge’s urban core. Positioned in a mature neighbourhood overlooking the Grand River and steps to Downtown amenities, the property sits within a City-supported intensification area, where conversion from institutional to residential uses is encouraged. Generate income now while advancing a future redevelopment play — potential for mid-rise residential, stacked towns, or higher-density formats (subject to approvals). Opportunities combining cash flow, land scale, and redevelopment potential in Downtown Galt are extremely limited — this is one of them. (id:27)

Building Features:

  • Style: Multiplex
  • Air Conditioning: Yes
  • Basement Development: Partially finished
  • Basement Type: Full
  • Construction Material: Concrete block, Concrete Walls
  • Exterior Finish: Brick, Concrete, Stucco
  • Floor Space: 5600 sqft
  • Foundation Type: Block
  • Heating Fuel: Natural gas
  • Cooling Type: Wall unit

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Amenities Nearby: Airport, Hospital, Park, Playground, Public Transit, Schools, Shopping
  • Built in: 1901
  • Community Features: Community Centre, School Bus
  • Features: Paved driveway
  • Fence Type: Partially fenced
  • Floor Space (approx): 5600 Square Feet
  • Irregular: Yes
  • Lot Depth: 162 Feet
  • Lot Frontage: 272 Feet
  • Lot Size: 0.73 Acres
  • Zoning: N3
  • Sewer: Municipal sewage system
  • Parking Type: Open
  • No. of Parking Spaces: 20

Courtesy of: Exit Integrity Realty

REALTOR.ca  

Location of 20 ELLIOTT Street, Cambridge, Ontario, N1R 2J2

Demographic Information of 20 ELLIOTT Street, Cambridge, Ontario, N1R 2J2

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$94,447.95

Average Number of Children

1.63

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

19.56 %

High school certificate or equivalent

34.33 %

Apprenticeship trade certificate/diploma

6.78 %

College/non-university certificate

22.63 %

University certificate (below bachelor)

0.65 %

University Degree

16.05 %

Commuter

Travel To Work

By Car

87.42 %

By Public Transit

6.77 %

By Walking

4.25 %

By Bicycle

0.0 %

By Other Methods

1.56 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

64.4 %

Houses

35.6 %

Own Vs. Rent